96 NORTH 10TH STREET HOLDINGS LLC obtained financing of $14M from AXOS BANK

96 NORTH 10TH STREET HOLDINGS LLC as borrower signed a loan agreement with lender AXOS BANK valued at $14.3 million for 1 parcel, including the tax class miscellaneous manufacturing building (F9) at 96 North 10 Street in Williamsburg. The deal closed on June 27, 2019 and was recorded on July 12, 2019.
The property contains a total of 40,322 square feet of built space. The property has 8,682 square feet of available development rights.
The average loan per buildable square foot is $355.
The last time the property sold was February 14, 2019, for $23,000,000.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $553,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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